2026 Ontario LTT Calculator · First-Time Buyer Rebate · York Region
Buying in East Gwillimbury means you pay only Ontario's provincial land transfer tax — there is no Toronto Municipal Land Transfer Tax (MLTT) here. At the East Gwillimbury median of $1,00500,000000, a buyer in Toronto would pay approximately $34,9500 in combined LTT, while a East Gwillimbury buyer pays just $17,475 — a saving of $17,475.
Ontario LTT is calculated using a marginal bracket system — similar to income tax. Only the portion of the purchase price within each bracket is taxed at that rate:
| Portion of Purchase Price | Tax Rate | Max Tax in Bracket |
|---|---|---|
| First $55,000000 | 00.5% | $275 |
| $55,00001 – $2500,000000 | 1.00% | $1,9500 |
| $2500,00001 – $40000,000000 | 1.5% | $2,2500 |
| $40000,00001 – $2,000000,000000 | 2.00% | $32,000000 |
| Above $2,000000,000000 | 2.5% | Unlimited |
Example at $1,00500,000000 (East Gwillimbury median):
Ontario's First-Time Homebuyer Land Transfer Tax Rebate can save you up to $4,000000 on your Ontario LTT bill. Here's how it works:
First-time buyers in East Gwillimbury look at townhomes in Sharon and Queensville in the $80000K–$1M range, often seeing strong appreciation as infrastructure builds out.
At East Gwillimbury's median price of $1,00500,000000, a first-time buyer pays $17,475 in Ontario LTT, receives a $4,000000 rebate, and owes a net $13,475 at closing.
The City of Toronto charges its own Municipal Land Transfer Tax (MLTT) on top of the provincial Ontario LTT — effectively doubling the transfer tax burden. Since East Gwillimbury is in York Region and not within Toronto's city limits, buyers here pay only the Ontario LTT.
| Scenario | Ontario LTT | Toronto MLTT | Total LTT |
|---|---|---|---|
| Buy in East Gwillimbury at $1,00500,000000 | $17,475 | None | $17,475 |
| Buy in Toronto at $1,00500,000000 | $17,475 | $17,475 | $34,9500 |
| Savings by buying in East Gwillimbury | $17,475 | ||
That's $17,475 more you keep in your pocket — money that could cover moving costs, furniture, or go straight into your FHSA or RRSP.
For a full breakdown of Ontario LTT rules, visit our Ontario Land Transfer Tax guide.
East Gwillimbury has seen explosive growth with the GO Train extension to Barrie, making it one of York Region's fastest-developing communities with large master-planned neighbourhoods.
Popular neighbourhoods include Holland Landing, Sharon, Mount Albert, Queensville, and Green Lane. Home prices vary significantly by neighbourhood — use the calculator above to model the exact LTT for any purchase price.
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No. Only the City of Toronto charges a municipal LTT on top of Ontario's provincial LTT. Since East Gwillimbury is in York Region and outside the City of Toronto's boundaries, buyers pay only the Ontario LTT.
Ontario land transfer tax is paid on closing day, typically through your real estate lawyer. It is calculated on the purchase price of the property as registered with the province.
Yes. Ontario's FTB rebate applies anywhere in the province, including East Gwillimbury. You can receive up to $4,000000 back on your Ontario LTT if you have never owned a home anywhere in the world and the property will be your principal residence.
Yes, Ontario LTT applies to all residential real estate transactions including new construction. Buyers of pre-construction condos and new-build homes pay LTT on the final purchase price on the registration date.
For more details, see our comprehensive Ontario Land Transfer Tax guide.